1. The Debt Situation in Greece
... , 2010 until today there were 6 austerity measures. They are meant to close the nation's budget, lower its huge debt burden and make its economy more competitive. There is an endless list of savings and political reforms. For example of the first four austerity packages and the VAT was set from 19% to 21%. The euro-zone national banks, the ECB, the ... ...
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